Asia-Pacific: The Widest Rate Spread on Earth (2026)
Nowhere else does the same checkout cost 2% in one country and 3.6% two borders over. India's UPI era pushed domestic card processing to a published 2% (Razorpay standard), Southeast Asia runs on e-wallet rails that undercut cards, and the developed markets (Japan, Singapore, Hong Kong, Australia) carry the region's highest published card rates.
Regional providers compared across APAC
| Sub-Region | Leading Gateways | Published Domestic Card Rate | National QR / Wallet Rail Rate |
|---|---|---|---|
| India (INR) | Razorpay, Cashfree, PayU India, Stripe | 1.95% (Cashfree) to 2.0% (Razorpay / PayU) + 18% GST | UPI: 0% (small ticket) / 0.4% MDR (>₹2,000); Paytm 1.99% |
| South Asia (PKR, BDT, LKR, NPR) | Safepay, PayFast PK, SSLCommerz, aamarpay, PayHere, WebXPay | 2.2% (BDT) to 2.99% (LKR) | Khalti (2.0%) & eSewa (1.8%) in Nepal; bKash in Bangladesh |
| Southeast Asia (SGD, MYR, IDR, PHP, THB, VND) | Xendit, HitPay, Midtrans, PayMongo, Opn (Omise), Curlec, 2C2P | 1.1% (VNPay domestic) to 3.65% (Thailand cards) | QRIS: 0.7% (ID) · PayNow: 0.65% (SG) · FPX: RM 1.10 flat (MY) · QR Ph: 1.5% (PH) · PromptPay: 1.65% (TH) |
| East Asia (JPY, KRW, HKD, TWD, CNY) | Stripe, Square, KOMOJU, Toss Payments, PortOne, Airwallex, ECPay | 2.75% (Taiwan) to 3.6% (Stripe Japan) | Alipay & WeChat Pay: 0.6% in mainland China |
| Oceania (AUD, NZD, FJD, PGK, XPF) | Airwallex, Stripe, Square, Pin Payments, Windcave, BSP, OSB PayZen | 1.65%–1.75% + A$0.30 (Australia); 2.5%–2.7% (NZ) | GoCardless BECS: 1.0% (capped A$3.50 / NZ$4.00); M-PAiSA: 1.5% (Fiji) |
Gateway landscape by currency
Below is the Asia-Pacific & Oceania landscape separated into card gateways & bank acquirers first, followed by e-wallets, national QR switches & instant bank rails.
1. Card gateways & bank acquirers by currency
| Currency | Markets | Card Gateways (Published Rates) | Bank Acquirers & Regional Processors |
|---|---|---|---|
| INR | India & Bhutan | Cashfree (1.95%), Razorpay (2.0%), PayU India (2.0%), Stripe India (2.0%) | HDFC / ICICI / Axis acquiring, BillDesk, CCAvenue, EBANX |
| PKR / BDT / LKR / MVR | Pakistan, Bangladesh, Sri Lanka, Maldives | aamarpay (2.2% BDT), SSLCommerz (2.5% BDT), PayFast PK (2.5% + PKR 15), Bank of Maldives BML (2.5% MVR), Safepay (2.65% + PKR 20), WebXPay (2.75% LKR), PayHere (2.99% LKR) | Paymob Pakistan, HBL / Sampath / Commercial Bank acquiring, 2Checkout |
| KZT / UZS | Kazakhstan, Uzbekistan | Freedom Pay / PayBox.money (2.5% UZS / 2.8% KZT) | TBC Bank Uzbekistan, Halyk Bank (Kazakhstan) |
| SGD / BND / MYR | Singapore, Brunei, Malaysia | Curlec by Razorpay (2.6% MYR), Airwallex (2.6% MYR / 3.3% SGD), Baiduri Bank (2.8% + B$0.30 BND), Stripe (3.0% MYR / 3.4% + S$0.50 SGD), BIBD NEXGEN (3.0% BND), HitPay, Xendit, Opn | 2C2P, Adyen, Checkout.com, Nuvei, Braintree |
| IDR / PHP / THB / VND / KHR | Indonesia, Philippines, Thailand, Vietnam, Cambodia | VNPay (1.1% domestic VND), ABA PayWay Cambodia (2.5% KHR), OnePay (2.5% VND), Midtrans & Xendit (2.9% + Rp 2,000 IDR), HitPay (3.2% PHP), PayMongo (3.5% + ₱15 PHP), Stripe & Opn Thailand (3.65% THB) | 2C2P, BCA / Mandiri (ID), BDO / Maya (PH), Kasikornbank (TH), PortOne |
| JPY / KRW | Japan, South Korea | Toss Payments & PortOne (3.2% standard KRW; 0.8%–2.0% SMB), Square / KOMOJU / Opn Japan (3.25% JPY), Stripe Japan (3.6% JPY) | GMO Payment Gateway, SB Payment Service, KG Inicis, NHN KCP |
| HKD / TWD / CNY | Hong Kong, Taiwan, Mainland China | ECPay (2.75% TWD), NewebPay (2.8% TWD), Airwallex (2.8% CNY / 3.3% + HK$2.35), Stripe HK (3.4% + HK$2.35) | 2C2P, HitPay, Braintree, Nuvei, Rapyd |
| AUD / NZD | Australia, New Zealand | Square AU (1.6%–2.2%), Airwallex (1.65% + A$0.30 / 2.5% + NZ$0.30), Stripe / Pin Payments / Windcave / HitPay (1.75% + A$0.30 / 2.65%–2.7% NZD), Braintree (1.75% + A$0.30) | Commonwealth Bank / Westpac / ANZ acquiring, Adyen, Checkout.com, Nuvei |
| FJD / PGK / XPF | Fiji, Papua New Guinea, French Polynesia & New Caledonia | OSB PayZen by Lyra Pacific (2.2% + 25 XPF), BSP Bank South Pacific e-Commerce (2.5% FJD & PGK) | ANZ Pacific, Bred Banque Populaire |
2. Wallets, national QR & instant bank rails by currency
| Currency | Markets | Wallets, National QR & A2A Rails | Published Merchant Rate & Notes |
|---|---|---|---|
| INR / NPR | India, Nepal | UPI (India national rail), Paytm, PhonePe · eSewa & Khalti (Nepal) | UPI: 0% small ticket / 0.4% MDR (>₹2,000) · Paytm: 1.99% · eSewa: 1.8% · Khalti: 2.0% |
| CNY / HKD | Mainland China, Hong Kong | Alipay, WeChat Pay, FPS (Hong Kong Faster Payment System) | Alipay & WeChat Pay mainland China: 0.6% domestic · HK wallet acceptance: 1.5%–2.2% |
| SGD / MYR | Singapore, Malaysia | PayNow QR (Singapore), FPX & DuitNow QR (Malaysia via Billplz / Curlec / HitPay), GrabPay | PayNow via HitPay: 0.65% + S$0.30 · Billplz FPX online banking: RM 1.10 flat per transaction |
| IDR / PHP / THB / VND | Indonesia, Philippines, Thailand, Vietnam | QRIS / GoPay / OVO (ID), GCash & QR Ph (PH), PromptPay (TH), VietQR (VN) | QRIS: 0.7% · QR Ph via PayMongo: 1.5% · GCash: 2.5%–3.2% · PromptPay: 1.65% |
| KZT / UZS / MNT | Kazakhstan, Uzbekistan, Mongolia | Kaspi Pay QR (Kazakhstan), Payme & Click.uz (Uzbekistan), QPay & SocialPay (Mongolia) | Kaspi Pay QR: 0.95% (carries >80% of KZ retail) · QPay Mongolia: 1.0% · Payme/Click: 1.5% |
| KHR / LAK | Cambodia, Laos | Bakong KHQR (via ABA PayWay), BCEL OnePay / Lao QR (Laos) | BCEL OnePay QR in Laos: 1.0% · Bakong KHQR is universal across Cambodian banks |
| AUD / NZD / FJD | Australia, New Zealand, Fiji | GoCardless (BECS Direct Debit), PayID, PayPal · Vodafone M-PAiSA (Fiji) | GoCardless BECS: 1.0% + A$0.40 (capped A$3.50) · Vodafone M-PAiSA Fiji QR: 1.5% |
What to watch
- E-wallets and national QR rails carry the real volume: QRIS (0.7% in Indonesia), PromptPay (1.65% in Thailand), QR Ph (1.5% in the Philippines), FPX (RM 1.00–1.10 flat in Malaysia), PayNow (0.65% in Singapore) and VietQR vastly undercut card rates.
- GST/VAT lands on the fee itself in India (18%) and Thailand (7%), so factor tax on the commission into your margin.
Currencies in this region
INR fees
PKR fees
BDT fees
LKR fees
NPR fees
MVR fees
KZT fees
UZS fees
CNY fees
JPY fees
KRW fees
HKD fees
TWD fees
MNT fees
SGD fees
BND fees
MYR fees
THB fees
IDR fees
PHP fees
VND fees
KHR fees
LAK fees
AUD fees
NZD fees
FJD fees
PGK fees
XPF fees
Run your own numbers in the fee calculator across all 28 Asia-Pacific & Pacific Island currencies above, or start from the INR, SGD and AUD comparison tables.